Financial Analyst – Shared Services & Sales

IKO Sales Inc.; Wilmington (DE); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation

Health care

Team-oriented culture

Job summary

IKO Industries Ltd. is seeking a detail-oriented Financial Analyst to provide timely financial and operational analyses for Shared Services, Sales, and Finance. The role includes managing recurring reporting, DSO, rebate accuracy, and commission calculations, while leveraging JDE ERP, Excel, Power BI, and other systems to deliver insights.

You will support Sales budgeting, actual vs. budget analysis, and monthly/quarterly commission processes, with emphasis on accuracy, automation, and

Responsibilities

• Develop, maintain, and distribute scheduled Shared Services reporting including DSO reporting, rebate accuracy, rebate turnaround, invoicing scorecard, AP and AR statistics.
• Analyze reporting results to identify trends, variances, process issues, and opportunities for improvement.
• Automate and enhance recurring reports and dashboards to improve efficiency and reduce manual effort.
• Assist with Sales budget planning, data gathering, validation, and reporting; support development and maintenance of sales budgets, forecasts, and financial models.
• Prepare actual vs. budget reporting for Sales, Rebates, and other key business areas; analyze sales performance and key financial drivers.
• Validate monthly, quarterly, and bi-annual sales commissions, reconcile data, resolve discrepancies, and provide management reporting on expenses and variances.
• Collaborate with Sales, Finance, HR and others to ensure timely commission payments and maintain audit trails.

Job description

Job Description

The Financial Analyst is responsible for providing accurate, timely, and actionable financial and operational analysis to support Shared Services, Sales, and Finance. This role will manage recurring reporting, including DSO, rebate accuracy and turnaround time, invoicing performance, and AP statistics, while also supporting Sales budgeting, Actual vs. Budget analysis, and monthly, quarterly, and bi-annual commission calculations.

The role will leverage JDE ERP, Microsoft Excel, Power BI, and other financial systems to develop and maintain reporting, analyze business performance, identify trends and variances, and provide insights that support informed business decisions. The Financial Analyst will also respond to ad hoc reporting and analysis requests and identify opportunities to improve reporting accuracy, automation, and efficiency.

• Develop, maintain, and distribute scheduled Shared Services reporting, including but not limited to:
• DSO (Days Sales Outstanding) Reporting
• Rebate Accuracy Reporting
• Rebate Turnaround Time Reporting
• Invoicing Scorecard
• Accounts Payable (AP) Statistics and Reporting
• Accounts Receivable (AR) Statistics and Reporting
• Ensure recurring reports are accurate, timely, and aligned with established reporting requirements.
• Analyze reporting results to identify trends, variances, process issues, and opportunities for improvement.
• Partner with Shared Services teams to understand business requirements and improve reporting processes.
• Automate and enhance recurring reports and dashboards where it is possible to improve efficiency and reduce manual effort.
• Assist with Sales Budget Planning, including data gathering, analysis, validation, and reporting.
• Support the development and maintenance of Sales budgets, forecasts, and financial models.
• Prepare Actual vs. Budget reporting for Sales, Rebates, and other key business areas.
• Analyze sales performance, identify significant variances, and provide insights into key financial drivers.
• Calculate and validate monthly, quarterly, and bi-annual sales commissions in accordance with established compensation plans and commission structures.
• Gather, reconcile, and validate sales, revenue, rebate, and other performance data used in commission calculations.
• Partner with Sales, Finance, HR, and other relevant departments to resolve commission discrepancies and ensure accurate and timely commission payments.
• Maintain commission calculation files, supporting documentation, and appropriate audit trails.
• Analyze commission results and provide management reporting on commission expense, trends, and variances.
• Assist with changes to commission calculations resulting from updates to sales plans, territories, targets, or compensation structures.

Benefits of Employment

IKO recognizes that its success is due to the strength of its employees. A primary goal of IKO is to promote individual employee's sense of accomplishment and contribution so that employees enjoy their association with IKO. The Company invests in its employees so that they are the most knowledgeable in the industry, and undertakes great efforts to nurture loyalty to, and teamwork at, IKO. We are pleased to offer competitive compensation, health care, a progressive and challenging workplace and a commitment to teamwork and integrity.

Diversity and Equal Opportunity Employment

IKO Industries Ltd. is an equal opportunity employer. We are committed to diversity and inclusion and are pleased to consider all qualified applicants for employment without consideration to race, religion, creed, color, national origin, age, gender, sexual orientation, marital status, veteran status or disability.IKO Industries Ltd. encourages and welcomes applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.